Camp Renfro

Business Opportunity for Sale
Catylist Listing ID: 30210539
Property Subtypes: Personal
Building Size (RSF): See Agent
Gross Land Area: 2.98 Acres
Sale Price: $950,000
Name of Establishment: Camp Renfro
Business Website Address: https://www.camprenfro.com/
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Living Accomodations: Yes
Last Updated: 6/26/2018

Overview / Comments

This is a dream investment on one of the best trout fishing rivers east of the Mississippi! Own your own campground right on the Watauga River and make money while you enjoy the lakes, mountains, rivers and the breathtaking scenery of North East Tennessee. This camp ground stays full year round with 36 full service RV sites. There is an office that also houses 2 full bath rooms and a coin laundry facility. There is a 2 story building that contains a 1 bedroom apartment upstairs where the maintenance person lives for free but takes care of everything! Downstairs is a large common area with a pool table, large tv and vending machines for the campers to use. With less than a 5% vacancy rate and river front lots (which is most of them) renting for $450 per month and interior lots renting for $400 per month, this thing makes money! All sites have their own electric meters, water hook up, sewage hook up and parking. This campground was laid out very well, has low operating costs and fantastic income!! Although set up as a campground, most of the campers have been there long term... most several years!! This section of the Watauga river's water level is controlled by TVA and is below the Watauga Dam and Watauga Lake (one of the top 10 cleanest lakes in the country). This is called a "tail water" below the dam and the water remains very cold all year long so the fish thrive!

Additional Details

Nearest MSA: Johnson City
County: Carter
Industry Segment: Other Personal Prod. and Services
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Value of Real Estate Included ($): $0

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,995 20,015 32,815
Median Age: 45.52 41.79 41.79
Households: 931 8,498 13,635

Contact

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